President Obama is establishing a reputation for misrepresenting his own policies. He promoted his "stimulus" bill as an immediate, anti-recessionary cash infusion, even though most spending won't ...

A week after muscling through possibly the most expensive spending bill in America history, President Obama has called on Congress to support fiscal discipline. Specifically, he has proposed a ...

The good old days for federal budgets weren’t that long ago. In the 1990s, budget deficits declined. There were three years at the end of the Clinton presidency when the deficits — the annual gap ...

In last year’s budget deal, the Fiscal Responsibility Act, Republican negotiators insisted on the inclusion of an 18-month-long provision called Administrative Pay-As-You-Go (PAYGO), intended to rein ...

With the start of the new Congress on Thursday, Democrats officially took over the House of Representatives. Right off the bat, the party began fighting internally over the basics of its budget ...

Title III of the Fiscal Responsibility Act of 2023 — bipartisan legislation signed by President Biden in early June 2023 — requires that all executive actions, including the issuance of regulations ...

President Barack Obama is hailing pay-as-you-go budget legislation he signed Friday night as one in a series of crucial steps needed to snap Washington out of a destructive pattern of overspending.

As the 116th Congress gets underway, the new Democratic majority appears ready to constrain itself before making any real progress in curbing Trump administration abuses. As part of the rules package ...

If you are a Medicare recipient or caregiver, you may soon feel the ripple effects of a federal budget maneuver you did not vote for. The Congressional Budget Office (CBO) has warned that Donald Trump ...